Cotton Futures Fall to One-Year Low

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Julie Wernau Cotton prices slumped to end at a one-year low Monday with China, the world's second-largest cotton importer, and most of southeast Asia on holiday. Cotton for March delivery dropped 0.6% to 59.60 cents a pound on the ...

Variable Annuities Face New Test From the Government

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Anna Prior Variable annuities--which are controversial but widely used for retirement saving--are about to face one of their stiffest tests thanks to a Labor Department proposal. The proposed rule, expected to be finalized as soon as next month, would ...

Australian Business Conditions Resilient in January

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By James Glynn SYDNEY--Australian business conditions weakened slightly in January, but remained resilient overall in the face of sharp declines in global share prices and commodity markets. The National Australia Bank's index of business conditions fell to a net balance ...

Chesapeake Woes Rattle Pipeline Partners

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

(FROM THE WALL STREET JOURNAL 2/9/16) By Timothy Puko, Alison Sider and Erin Ailworth Three big U.S. energy companies pulled each other into a spiraling stock plunge on Monday that illustrates how one distressed shale producer can threaten its business ...

Bank of England Eyeing Credit Growth

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Jason Douglas LONDON--A top Bank of England official said Tuesday that the central bank may take steps to restrain credit growth in the U.K. if lending begins growing faster than the economy as a whole. Jon Cunliffe, the BOE's ...

CVS Growth Driven by Acquisitions, Pharmacy Services

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Chelsey Dulaney CVS Health Corp. reported higher profit and revenue in its fourth quarter, as recent acquisitions and strength in its pharmacy-services business continue to drive growth. CVS's reimbursement rates have been under pressure as more drugs are dispensed ...

U.S. Grains, Soybeans Decline As Oil Slides -- Update

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Jesse Newman CHICAGO--U.S. grain and soybean prices slid to multiweek lows on Monday amid ongoing turmoil in world financial markets and tumbling oil prices. Wheat prices dropped to a five-week low, pressured in part by falling world stocks and ...

German Industrial Production and Exports Drop in December

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Nina Adam FRANKFURT--German industrial production dropped unexpectedly in December and exports were also down from November, a sign that Europe's largest economy ended 2015 on a weak note. Industrial production, adjusted for seasonal swings and calendar effects, fell 1.2% ...

Yen Soars Against Rivals as Risk Aversion Deepens

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Hiroyuki Kachi The yen soared against its rivals in choppy Asia trade Tuesday, as risk aversion deepened and investors fled riskier assets to the perceived safety of the Japanese currency. The greenback tumbled to Y114.20, its lowest level since ...

Asian Rubber Futures End Lower as Japan Shares Fall

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Lucy Craymer Tokyo rubber prices continued to move lower after the Japanese stock market declined more than 5% and the yield on the benchmark government bond entered negative territory for the first time. The benchmark Nikkei Stock Average closed ...

S&P 500, Nasdaq Futures -- Technical Analysis

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

Chicago Mercantile Exchange March S&P; 500 Futures 2108.90 -- lifetime high 2042.00 -- previous month's high 1993.89 -- 100-day moving average 1931.87 -- second pivot point resistance 1902.93 -- first pivot point resistance 1895.21 - - 9-day moving average 1887.35 ...

Oil Prices Rise Amid Uncertainty on Output Cuts

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Biman Mukherji Oil prices rose in Asia on Tuesday, despite receding hopes of a coordinated production cut between major oil producers. A Sunday meeting between Saudi Arabia and Venezuela ended without any plans for production cuts, damaging hopes that ...

French State Budget Deficit Narrows in 2015 to EUR70.5 Billion

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Nick Kostov PARIS--France's state budget deficit narrowed in 2015 as spending fell and tax revenues rose, the budget ministry said Tuesday. The deficit fell to 70.5 billion euros ($78.9 billion) at the end of December from EUR85.6 billion a ...

Italian Banks' Gross Bad Loans Grew 9% in December

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Giovanni Legorano MILAN--Italian banks' gross bad loans grew 9% in December to 201 billion euros ($224 billion), the Bank of Italy said Tuesday, underscoring the challenge the sector faces to rid itself of souring loans to boost profits. Bank ...

Bank of England Eyeing Overall Credit Growth

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

LONDON?A top Bank of England official said Tuesday that the central bank may take steps to restrain credit growth in the U.K. if lending begins growing faster than the economy as a whole. Jon Cunliffe, the BOE's deputy governor for ...

White House Proposes New Cybersecurity Plan

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Damian Paletta WASHINGTON--White House officials plan to enact a range of initiatives this year that they believe will strengthen computer networks against cyberattacks, but part of the proposal--a big increase in federal spending--could hit a wall because it relies ...

Asia-Pacific Stocks Fall in Early Trading

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

Stock markets in the Asia-Pacific region were down after concerns about the health of banking and energy companies led to selloffs overnight. Japan's benchmark Nikkei Stock Average was recently down 3.8%, relinquishing all the gains it made on Monday. Australia's ...

Wendy's Profit, Revenue Tops Expectations

TODAY: Feb. 9, 2016 PUB DATE: Feb. 9, 2016

By Joshua Jamerson Wendy's Co. reported preliminary fourth-quarter profit that beat expectations as it continues to see benefits from operating fewer of its restaurants itself. The company also said Tuesday it anticipates same-store sales growth above what analysts were expecting, ...